Local businesses are being offered the chance to apply for special innovation grants of either £20,000 or £50,000 from the West of England Combined Authority.
Metro Mayor Dan Norris announced the latest cash on offer to innovate and grow at NuNano, a West of England company that takes very high-res images of tiny objects that are nanometres in size.
The business has previously benefitted from a £20,000 Business Innovation Fund award from the West of England Combined Authority to develop new products for the mini-photo industry.
Speaking at the launch, Metro Mayor Dan Norris said: “From Brunel to Concorde our region has always been at the forefront of innovation. Today we are helping to make sure that rich history continues now and into the future.
“Through the power of investment in innovation we can build an even more efficient, creative and sustainable future and really put our region on the map nationally and internationally.”
Managing Director James Vicary said: “We are delighted to receive funding from the West of England Combined Authority Business Innovation Fund.
“This will help accelerate the development of our next generation of sensors for nanoscale characterisation and support the future growth of NuNano.”
The West of England Combined Authority’s Business Innovation Fund is open for applications and provides small and medium-sized enterprises with support and funding that will lead to the creation of new products, processes and services.
For more information on the Business Innovation Fund, including guidance on how to apply for a grant, visit the Growth Hub here.